Cryptocurrency and Blockchain Dictionary

Terms commonly used in the world of blockchain and cryptocurrency

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Scam

A fraudulent cryptocurrency project, which organized a fundraiser, but at the same time violated a number of obligations - in fact deceiving investors.

Other Important Terms

Gem

This is a potentially profitable asset, which in the future can bring a lot of profit to the investor.

This is a crypto -investor strategy entitled "Remove cryptocurrency and keep it, no matter what." This term was formed in distant cryptocurrency times, when one of the users of the network made a typo in the word "Hold" (hold). The story was encouraged and became a meme, and the word migrated to the slang of the crypto -investor. It is permissible to use both options: Hold and Hodl. Holding (worthwhile) means holding cryptocurrency on the wallet and not selling. Holder (Kholer) an investor who adheres to this strategy.

BEP-20

This is the standard of tokens in the BSC blockchain (Binance Smart Chain).

Bear Market

This is the period in the cryptocurrency market, which is accompanied by stagnation or falling prices for cryptocurrency assets.

Domination

This is the ratio of market capitalization of any cryptocurrency to the sum of the market capitalizations of all cryptocurrencies.

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